15 Groveridge Path, Shrewsbury, MA, 01545
About This Home
**SHREWSBURY WATERFRONT TWO-FAMILY ON LAKE QUINSIGAMOND** Now offering a rare opportunity for owner-occupants, investors, or multigenerational living. Enjoy direct lake access with your own dock and waterfront patio while generating rental income or creating the perfect in-law setup. The main residence features an updated eat-in kitchen with stainless steel appliances, a new five-burner gas range, hardwood floors, three bedrooms, 1.5 baths, a fireplace, and panoramic lake views. Just off the rear of the home, step onto a spacious deck overlooking Lake Quinsigamond, the perfect place to enjoy your morning coffee, outdoor dining, or unwind while taking in breathtaking sunsets and year-round waterfront scenery. Whether entertaining guests or simply relaxing after a long day, the elevated deck provides a peaceful setting with stunning views of the water.The second unit offers one bedroom, a full bath, kitchen, heated sunroom, separate utilities, and beautiful water views, making it ideal for rental income, extended family, or guests. One of the property's most unique features is the private boathouse located directly along the shoreline. This personal lakeside retreat provides convenient storage for your boating and waterfront equipment while offering easy access to the lake, making it an exceptional amenity for boating, fishing, kayaking, paddleboarding, or simply embracing the lakefront lifestyle.The expansive waterfront creates endless opportunities for recreation throughout every season. Spend your summers cruising the lake, swimming from your dock, or hosting gatherings by the water, while enjoying picturesque views year-round from nearly every angle of the property. Whether you're looking for an income-producing investment, a year-round waterfront retreat, or flexible living options, this property delivers a truly unique combination of lifestyle and value that rarely becomes available in Shrewsbury.Conveniently located just minutes from Route 9, UMass Chan Medical School, shopping, restaurants, parks, and major commuter routes, this property offers the perfect balance of peaceful waterfront living with everyday convenience. Opportunities to own a true waterfront multifamily on Lake Quinsigamond are exceptionally rare, making this a remarkable offering for homeowners and investors alike.
Getting Around
Very Walkable
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1900
Materials
- Foundation: Block
- Roof: Shingle
Type & Style
- Home type: MultiFamily
- Property subType: Multi Family
Interior
Basement
- Has basement: Yes
- Basement: Full
Bedrooms & Bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Features
- Flooring: Wood
- Number of fireplaces: 1
- Fireplace: Yes
- Finished area above ground: 2,150
Interior Area
- Total structure area: 2,150
- Total interior livable area: 2,150 sqft
Property
Details
- Parcel number: M:0031 B:039000 L:0000,1678326
- Zoning: MF1
- Exclusions: Seller & Tenant's Personal Property.
Features
- Patio & porch: Porch
- Exterior features: Balcony
- Has view: Yes
- View description: City View(s),Scenic View(s),Water,Lake
- Has water view: Yes
- Water view: Lake,Water
- On waterfront: Yes
- Waterfront features: Waterfront,Lake,Lake/Pond,0 to 1/10 Mile To Beach,Beach Ownership(Public)
Lot
- Lot size: 3,835 sqft
Parking
- Total spaces: 2
- Parking features: Off Street
- Uncovered spaces: 2
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
No climate risk data available.
How This Home’s Risks Compare
FEMA Declared Disasters Across Massachusetts Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $3,534 | $42,408 |
| Home Insurance * | $184 | $2,208 |
| Property Taxes | $695 | $8,340 |
| Electricity | $423 | $5,087 |
| Total | $4,836 | $58,032 |
Income You'd Need if You Spent...
Massachusetts FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-07-31 | Listed for sale | $699,000 |
| 2026-05-20 | Listing removed | $3,450 |
| 2026-04-29 | Listed for rent | $3,450 |
| 2021-03-24 | Listing removed | -- |
| 2018-11-07 | Listing removed | $1,100 |
| 2018-10-29 | Price change | $1,100 |
| 2018-09-09 | Listed for rent | $2,150 |
| 2015-02-27 | Sold | $235,000 |
| 2015-01-31 | Pending sale | $249,900 |
| 2015-01-02 | Listed for sale | $249,900 |
| 2012-02-10 | Listing removed | $259,750 |
| 2012-01-09 | Price change | $259,750 |
| 2011-11-13 | Listed for sale | $259,900 |
| 2010-11-20 | Listing removed | $269,900 |
| 2010-08-21 | Listed for sale | $284,900 |
| 2008-02-27 | Listing removed | $369,900 |
| 2008-02-01 | Listed for sale | $369,900 |
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